Global Tax News

Downloads

In this issue

With the announcement by Premier Li, industry players are now looking forward to the long-awaited new VAT policies applying to the construction, real estate, financial and consumer services industries.

A company will not need to treat the amount of the insurance premium covering shareholder derivative actions as a director’s salary income, provided that the company bears the cost of the premium, pursuant to corporate approvals.

The new tax would be levied in the event of dissemination, provision and insertion of advertising and publicity in paid or free radio and TV broadcasting, websites, Internet pages or electronic addresses on the Internet, and outdoor billboards.

Related services

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning us to help clients with their legal needs around the world.

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning us to help clients with their legal needs around the world.

This website uses cookies to improve functionality and performance. If you continue browsing the site, you are giving implied consent to the use of cookies on this website. See our
Cookie Policy
for details.